Walmart

Several major retailers are closing their doors this Thanksgiving to give their workers some time off. However, a handful of companies will be open for limited hours.

Walmart CEO Doug McMillon issued a statement on Wednesday in response to Tuesday's deadly mass shooting at one of the retailer's Virginia locations.

Walmart is reacting to a mass shooting that left 7 dead at a store in Chesapeake, Virginia, saying that it is "shocked at this tragic event" and is working with police.

Walmart is the latest company to announce a settlement with local governments over allegations of improperly filling prescriptions for powerful painkillers

Walmart reported strong third quarter profits Tuesday despite shoppers being squeezed by elevated inflation. In October, inflation reached 7.7% from a year earlier.

Tuesday will see the release of key economic reports to help investors gauge the US economy, including the release of October's Producer Price Index.

Walmart's holiday deals have already launched online and are about to hit stores on Wednesday. The nation's largest retailer is planning to extend its holiday sales all month long.

CVS, Walgreens and Walmart have reached a tentative $13.8 billion settlement over lawsuits filed since 2017 involving opioids.

Wall-mounted basketball hoops sold at major retailers including Amazon, Walmart and Target are being recalled after one fell and killed a 14-year-old in 2018.

Beyond Meat announced it is rolling out a plant-based version of steak tips, called Beyond Steak, at 5,000 Kroger and Walmart locations throughout the country.

Walmart announced that it will close on Thanksgiving Day for the third consecutive year. An executive at the retailer hinted that this may be the new norm.

Sam's Club shoppers will pay slightly higher membership fees Monday. The higher fees come as the unit of Walmart and other retailers navigate their own inflationary headwinds.

Roku, the video streaming company, will soon start selling a range of smart home products at Walmart stores in the U.S., the companies announced Wednesday.

The childproofing cabinet latches recalled over chocking hazards were sold nationwide at popular stores including Walmart and BuyBuyBaby.

Sports team owners account for 50 of the wealthiest Americans in Forbes' latest Top 400 list, which includes 17 different NFL owners.

Walmart announced Tuesday it will now offer fertility services for associates across the U.S. as part of the retail giant's self-insured medical plan.

West Virginia Attorney General Patrick Morrisey announced that the state settled with Walmart and CVS Pharmacy in a lawsuit regarding the oversupply of prescription drugs.

Walmart said it plans to hire 40,000 workers ahead of this year's busy holiday shopping season. In 2021, the company announced it would hire 150,000 employees ahead of the holidays.

Gap is eliminating about 500 corporate jobs, after enduring years of slumping sales at the flagship Gap brand and more recently at the Old Navy chain.

Walmart is looking to boost clothing sales and is launching a more realistic virtual try-on tool, making it easier for online shoppers to make a purchase.